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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Colombian Peso/Brazilian Real (FOREX:COPBRL)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_COPBRL
Open High Low COPBRL Price Change
0.001193 0.001195 0.001192 0.001194 +0.000001
Entry Signal

MarketClub’s Trade Triangles for COPBRL

long term down The long term trend has been DOWN since Oct 3rd, 2018 at 0.001270

intermediate term down The intermediate term trend has been DOWN since Oct 3rd, 2018 at 0.001306

short term down The short term trend has been DOWN since Oct 2nd, 2018 at 0.001322

Smart Scan Analysis for COPBRL

Based on a pre-defined weighted trend formula for chart analysis, COPBRL scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for COPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.001193 0.001195 0.001192 0.001194 +0.000001
Prev. Close Volume Bid Ask Time
0.001193 0.001193 0.001195 2018-10-23 07:25:11
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